The prices of several big-name Nasdaq-listed stocks appeared on some websites to either spike or plummet well after the closing bell on Monday, seemingly due to a glitch related to the market data that runs the largely automated markets.
The new prices triggered halts in numerous stocks in after-hours trading. Nasdaq stresses that actual stock prices were not affected, and no trading completed with incorrect pricing. "Nasdaq is working with third-party vendors to resolve the matter".
For Amazon, that would have meant a $398 billion drop in market capitalization.
An iPhone 8 3D face-scanner could replace Touch ID
Bloomberg reports that Apple is now testing using 3D facial detection as a replacement for Touch ID fingerprint authentication. Most rumors have centered around the iPhone 8 featuring a Touch ID sensor that is embedded within the OLED touch display.
The problem lay behind routine test data sent out by U.S. exchanges including Nasdaq (NASDAQ:NDAQ), which was taken to be live figures.
According to a spokesman to Business Insider, "as part of its normal process, the UTP distributed normal test data, and certain third parties improperly consumed and propagated that data".
Mohammed Apabhai, head of Asia-Pacific trading strategy at Citigroup said: "We're more aware these days of the potential for glitches". (NASDAQ:AMZN) shares seemingly plunged yesterday on Google Finance and Yahoo Finance after third parties provided incorrect data.
Federal Bureau of Investigation arrest suspect in case of missing Chinese scholar
Tbe FBI believe that Christensen was the man seen on CCTV driving a black Saturn Astra and picking up Zhang on 9 June. A criminal complaint accuses him of abducting Zhang shortly after she stepped off a bus near the university campus.
Some providers such as Yahoo Finance, Google Finance, and Bloomberg LP showed the fake changes in share prices.
Nasdaq added "unlisted trading privileges", a right granted by the Securities and Exchange Commission allowing exchanges to facilitate trading of stocks listed on other official USA exchanges as well, may have been a factor in the error.
USA blacklists Chinese bank accused of illegally trading with
The sanctions freeze any assets of these individuals on american soil and forbidden to have commercial relations with them. The sanctions will cut off the bank and individuals associated with it from the American financial system.